Is There Really a Driver Shortage? A Payroll Pro Runs the Numbers | Mike Ritzema скачать в хорошем качестве

Is There Really a Driver Shortage? A Payroll Pro Runs the Numbers | Mike Ritzema

Is it really a “driver shortage” if rates are falling? In this interview, Mike Ritzema (Founder, Superior Trucking Payroll Service) brings 15+ years of trucking-only payroll perspective to test the math behind the narrative. “If loads weren’t getting hauled, rates would be higher. The reason rates are low is because there are more trucks than loads.” What we cover: Driver pay trends vs. inflation (Mike says CPI up ~10% since ’23 while his index shows wages down ~6%) Why good drivers leave & the real cost of turnover (~$7,500/driver) W-2 vs. 1099, sign-on bonuses vs. retention, per diem done right Garnishments/child support & money stress seen in payroll data Hiring standards that keep turnover near ~10% Smart questions drivers should ask companies — and companies should ask themselves About Mike Founder, Superior Trucking Payroll Service; former trucking company CFO; host of Driven for Success. Connect with Mike 🌐 https://truckingpayroll.com 🎙️ Podcast: https://truckingpayroll.com/podcast 🔗 LinkedIn: @truckingpayroll Watch the full Episode 28 (“Trucking’s Perfect Lie: 2+2=5”) on Channel 19 Experience for the Money Line + context. https://channel19experience.com Views are the guest’s own; not legal/financial advice. Chapters (drop exact timestamps after upload) 00:00 – Background & why a trucking-only payroll shop 02:00 – Driver pay vs. rates: what Mike’s seeing 03:45 – “This is skilled labor” (backing, breakdowns, reefer) 06:10 – Is there really a shortage? Rates vs. loads 07:05 – How one fleet holds ~10% turnover (be picky) 13:10 – Sign-on vs retention bonuses; per diem basics 16:10 – Boundaries & standards: who you’re not for 19:05 – “Pay now or pay later” (corner-cutting costs) 21:00 – What turnover really costs (~$7,500) 22:10 – “Make $100K?” — ask for proof 25:10 – Lifestyle tradeoffs & unpaid time realities 28:00 – Autonomy & pride vs. risk and pressure 29:30 – Garnishments & financial stress from payroll view 35:30 – The single best question drivers should ask 37:00 – What companies should ask themselves 39:15 – Where to find Mike / resources #truckingpayroll, #drivershortage, #channel19experience, #driver retention, #trucker, #superiortruckingpayroll, #mikeritzema